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you know create the domino effect hurt our already fragile economy do you see that being a big risk once again older viewers may remember in the one nine hundred ninety s. we had a big what they called the peace dividend when you know lots of bases closed and lots of contractors had to find other things to do with their time and actually the economy boomed and you know why we have an active question the purpose of the armed services is just to defend this country it's not to create jobs the military is not a jobs program and you know with all due respect i don't want to see soldiers airmen sailors laid off but we're long way from that we might be talking about some contractors losing things there was a scandal about that just the other day president obama issued these orders to contractors wait till the election before announcing your light off you know so. maybe something would be happening along those lines but again this is not new news defense contractors like lockheed martin suffering possibly possibly suffering yes i have a terrible. feeling that they will solve this problem prior
you know create the domino effect hurt our already fragile economy do you see that being a big risk once again older viewers may remember in the one nine hundred ninety s. we had a big what they called the peace dividend when you know lots of bases closed and lots of contractors had to find other things to do with their time and actually the economy boomed and you know why we have an active question the purpose of the armed services is just to defend this country it's not to create jobs the...
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Oct 2, 2012
10/12
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what does this say about our economy and about what's going on in china? joins us is david, lenov ooleno president of north america. how did this get decided, and when does it all come down? >> what we will announce today is we're expanding or facility in north carolina to bring u.s. manufacturing starting in january through our think product portfolio. our think pad notebooks and think server workstations and servers. we're very excited about this. it's really bringing a differentiator for us versus the market. we believe there's a customer demand for u.s. manufacturing not only for the manufacturing presence but also what we could bring to differentiate ourselves around the customer experience that a local manufacturing plant provides us the flexibility to do. >> were these jobs that were elsewhere that are essentially being imported into the country, or are these new jobs? >> these will be new jobs we're creating. as you may not know, we're the faste fastest-growing pc player in north america for the last nine quarters and have expanded our presence in
what does this say about our economy and about what's going on in china? joins us is david, lenov ooleno president of north america. how did this get decided, and when does it all come down? >> what we will announce today is we're expanding or facility in north carolina to bring u.s. manufacturing starting in january through our think product portfolio. our think pad notebooks and think server workstations and servers. we're very excited about this. it's really bringing a differentiator...
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it also has to do with their perception that the economy's going to grow this morning is the economy stagnated and it's just flat it's not worth the risk of borrowing more money even at low interest rates to expand your business because you don't see the future sales. interesting point let's bring back entrepreneurial investor reggie middleton author of the popular boom bust blog too i should say so reggie first of all great job out there today you're listening to some great responses from people who had some great conversations so what did you think of that gentlemen's analysis is that does he see it the same way you do as far as the impact of low rates and. yeah basically i agree with them if they work on first the chicken and egg scenario but if you are prudent business manager you don't take on debt without a business case for and that if you do then the manager and you will soon be out of business but what the government what the fed and the government actually put the fed is trying to do is if it is trying to take businesses who rely on. or free money more risk free money to ba
it also has to do with their perception that the economy's going to grow this morning is the economy stagnated and it's just flat it's not worth the risk of borrowing more money even at low interest rates to expand your business because you don't see the future sales. interesting point let's bring back entrepreneurial investor reggie middleton author of the popular boom bust blog too i should say so reggie first of all great job out there today you're listening to some great responses from...
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especially on the economy. and there are million, tens of millions of people who have been hurt by the last four years in economic terms. nobody, nobody can change their-- they know what's happened to employment. they know what's happened to their children's futures know and understand we've added 5 trillion to the national debt and somebody's got a way to put that in terms that it connects with the american public. >> are you happy with the-- no, i'm not for it, how could you be happy with it in some mysterious way he's not been equal to a national campaign, but it doesn't mean he isn't talented. he's very talented. stuart: because the media has changed the subject away from the president's record on the economy and towards supposed so-called gaffes on the part of governor romney. >> we know all the time the presidential candidate has to be smart enough not to get himself in the holes and he has not passed that particular test. it's not enough, should not be enough to shift the whole world media, but if it doe
especially on the economy. and there are million, tens of millions of people who have been hurt by the last four years in economic terms. nobody, nobody can change their-- they know what's happened to employment. they know what's happened to their children's futures know and understand we've added 5 trillion to the national debt and somebody's got a way to put that in terms that it connects with the american public. >> are you happy with the-- no, i'm not for it, how could you be happy...
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Sep 26, 2012
09/12
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the eurozone remains the greatest risk for the global economy today. as i said earlier on, the ecb move from two weeks ago with the omc was clearly a turning point. but the countries have to really work together much more cohesively in a much more coordinated manner and order together turned the corner. as you know, european union and the eurozone in particular are not the only threats on the horizon. the united states is also currently a threat. the immediate concern is, many of you know that, is that under the current law there would be a dramatic tightening equal to about 4% of gdp. that's what is, refer to as the fiscal cliff. and that is good. it entails a contraction of 2% of gdp, and that is not good at all, especially if you consider the forecast of growth of the united states is pretty much in the range of 2%. so that is a racing any growth in the united states, would be the consequence of not dealing with the fiscal cliff and not dealing with the debt ceiling, which are both looming threats on the very short-term horizon. and it's not a threa
the eurozone remains the greatest risk for the global economy today. as i said earlier on, the ecb move from two weeks ago with the omc was clearly a turning point. but the countries have to really work together much more cohesively in a much more coordinated manner and order together turned the corner. as you know, european union and the eurozone in particular are not the only threats on the horizon. the united states is also currently a threat. the immediate concern is, many of you know that,...
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Oct 3, 2012
10/12
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we may not be able to jump-start the economy. perhaps the best we can do is keep it from going into a free fall. that's a reality we're all contending with right now. >> all trying to figure out where we put our money in that scenario. lee, that for your time. lee partridge from salient partners. back to you guys. >>> there is mounting evidence that housing is really starting to turn the corner and the re-fi boom should also mean that more people are fixing up their homes. but is that really happening? we're going to stop in at the corner hardware store to find out. the family owner of one major store is about to tell you whether there is a surge in home improvements. that's next. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice bus
we may not be able to jump-start the economy. perhaps the best we can do is keep it from going into a free fall. that's a reality we're all contending with right now. >> all trying to figure out where we put our money in that scenario. lee, that for your time. lee partridge from salient partners. back to you guys. >>> there is mounting evidence that housing is really starting to turn the corner and the re-fi boom should also mean that more people are fixing up their homes. but is...
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Oct 1, 2012
10/12
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CSPAN2
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the cost general economies 77 scale and learning. called the learning curve and this is really the foundation of supply side economics. why when you cut taxes, which are just like a price, you reduce costs across the economy and allow the united states to expand the global share of the ever markets or enterprise and wealthy. that's why supply side economics works. it's not merely by balancing the budget or overcoming debt or one of these accounting gem micks that are often treated as conservative economics. it's opening the horizon to the economy to human creativity. and human creativity always comings as a surprise to us. you can't plan it. if you get k plan it, you wouldn't need it. >> can p mitt romney use the phrase politically supply side economics. i think he could if he says that he's reviving the reagan administration. the book was quoted more by -- president reagan most quoted author. he quotedded the book regularly throughout the administration. and reagan didn't balance the budget. he had actually during the reagan adminis
the cost general economies 77 scale and learning. called the learning curve and this is really the foundation of supply side economics. why when you cut taxes, which are just like a price, you reduce costs across the economy and allow the united states to expand the global share of the ever markets or enterprise and wealthy. that's why supply side economics works. it's not merely by balancing the budget or overcoming debt or one of these accounting gem micks that are often treated as...
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Oct 4, 2012
10/12
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KTVU
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it coincided with the release of a report called life in the valley economy. it showed that those in the middle and lower brackets had a drop in their median income of 3.2%, hitting the lowest point in 11 years. >> i think the purpose of this was to say we need to be inclusive in silicon valley. we need to have people that have a fair wage, a minimum wage, the right skills and be all in it together to be productive for the future. >> today's summit was organized by working partnerships usa, a group that describes itself as an independently social change organization. >>> the presidential debate now just moments away. we will carry it live when it begins. >> and thank you for trusting ktvu channel 2 news.
it coincided with the release of a report called life in the valley economy. it showed that those in the middle and lower brackets had a drop in their median income of 3.2%, hitting the lowest point in 11 years. >> i think the purpose of this was to say we need to be inclusive in silicon valley. we need to have people that have a fair wage, a minimum wage, the right skills and be all in it together to be productive for the future. >> today's summit was organized by working...
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Sep 29, 2012
09/12
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KICU
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it seems to me that consumers have become more confident about the future outlook of the economy. >> remember the lines for the new i-phone, many are willing to spend more on phones and. >> what are you going to do, not have a cell phone. >> her cell phone is about $65 more a month than compared to a few years ago. >> once you have a smart phone you never go back. you can take pictures, you can do everything. >> that's a bigger part of household budgets. >> reporter: on the flip side, big ticket items. >> there's been a real pull back in the luxury end of our spending. >> reporter: carol lou. >>> in stay gram keeps getting hotter and hotter, it now has more users than twitter. in stay gram's popularity has skyrocketed. in stay gram was recently purchased by facebook for $741 million. >>> starting this weekend customers can use the app based to ask for rides to and from anywhere until the south bay -- in the south bay. once you download the app you can put in a request for a pickup. it already operates in san francisco. >>> stock markets ended the week on the downside but still posted
it seems to me that consumers have become more confident about the future outlook of the economy. >> remember the lines for the new i-phone, many are willing to spend more on phones and. >> what are you going to do, not have a cell phone. >> her cell phone is about $65 more a month than compared to a few years ago. >> once you have a smart phone you never go back. you can take pictures, you can do everything. >> that's a bigger part of household budgets. >>...
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Oct 3, 2012
10/12
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economy. that is great for u.s. stocks. what has to happen in the u.s. market is oil has always been this traditional leading indicator in the economy. if oil is up that means there is lots of demand and that is great. >> let's look at the oil picture. we did see oil breaking below $88. how could a regime change in iran impact oil? joining us is the king of commodities himself. you can take a look at wti. it doesn't seem like it is reflecting the tensions or would we be even lower if we didn't have them? >> i think that what we're seeing and michelle was explaining it quite well, i sent e-mails to explain what was happening. the possibilities of regime change is very much a part -- there has been tear gas let out in teheran in the streets. the currency has been literally collapsing. the currency movement of 5% is extraordinary in a week. a currency movement at 40% is perhaps unparalleled other than periods of hyperinflation. the regime has to be concerned about its continuation. we are hoping the students and workers will take the streets. they have seen
economy. that is great for u.s. stocks. what has to happen in the u.s. market is oil has always been this traditional leading indicator in the economy. if oil is up that means there is lots of demand and that is great. >> let's look at the oil picture. we did see oil breaking below $88. how could a regime change in iran impact oil? joining us is the king of commodities himself. you can take a look at wti. it doesn't seem like it is reflecting the tensions or would we be even lower if we...
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Sep 26, 2012
09/12
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FBC
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the economy there has turned around number one. and number two, i think you've got to say that romney is not resonating with middle class voters, they don't like his business background, don't like his policies. for whatever reason they're not thrilled with obama, it would be ridiculous to say that, but i think the middle class just doesn't like mitt romney. stuart: what would you advise mitt romney to do in the debates one week from now? >> not be super, super aggressive, but being dispassionate and explain in great detail why his prescription would help the economy. i think most people don't get it yet. they don't understand the romney prescription. he has time. i want to emphasize, the race is not over yet. plenty of money, two more unemployment reports to come three presidential debates. he has time, but he has to explain clearly why his plan is better. stuart: i've got one more thing i wish you could explain for me again. again in a poll in ohio out this morning, it gives president obama a 25 point lead amongst women. can you
the economy there has turned around number one. and number two, i think you've got to say that romney is not resonating with middle class voters, they don't like his business background, don't like his policies. for whatever reason they're not thrilled with obama, it would be ridiculous to say that, but i think the middle class just doesn't like mitt romney. stuart: what would you advise mitt romney to do in the debates one week from now? >> not be super, super aggressive, but being...
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economy was honky-dory. there are a lot of concerns out there so therefore i think investors should brace themselves for a bit of a pause. >> given what you told us, 8% annual average return in stocks the past ten years. if i have stocks outside in a regular account, not in retirement, i shouldn't be selling because of that correction i should weather through and wait for them to go back up; right? i shouldn't go out? >> if your horizon is longer term, there's a lot of reason to stay the course. one, if not stocks, then what? money market yields have never been lower. corporate bond rates have never been lower. junk bonds have never been lower. there's not very many good options. with the interest rates seem to be poised to stay low for a long time, i think stocks look pretty good. >> thank you for being with us. you weren't that much of a buzz kill. it is three days to go until the first -- excuse me -- thh first presidential debate. be sure to stay with fox business for all that coverage. neil cavuto is li
economy was honky-dory. there are a lot of concerns out there so therefore i think investors should brace themselves for a bit of a pause. >> given what you told us, 8% annual average return in stocks the past ten years. if i have stocks outside in a regular account, not in retirement, i shouldn't be selling because of that correction i should weather through and wait for them to go back up; right? i shouldn't go out? >> if your horizon is longer term, there's a lot of reason to...
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Sep 30, 2012
09/12
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MSNBC
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >> good today to all of you, it's 1:00 in the east, it's 10:00 a.m. in the west. a new reaction today from paul ryan. >> we have had some missteps. but at the end of the day, the choice is really clear. and we're giving people a very clear choice. we have these pro growth solutions for opportunity and upward mobile and a dynamic economy. you've got the president basically promising four more years like the last four years. and here and there. we have not been able to frame that choice clearly. by the end of the day, people are not going to understand exactly what they have got. >> a voluntary campaign senior advisor is seeking to clarify the president's plan even after the currency of the economy. >> the president's not ga qualifiesed. we have now created 5 million jobs, we're net positive in terms of jobs created. but whole is huge, and we have to create an commit in which the middle class has a chance. we're not going t
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >> good today to all of you, it's 1:00 in the east, it's 10:00 a.m. in the west. a new reaction today from paul ryan. >> we have had some missteps. but at the end of the day, the choice is really clear. and we're giving people a very clear choice. we have these pro growth solutions for opportunity and upward mobile and a dynamic...
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Sep 29, 2012
09/12
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CNN
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we live in a global economy. we can't change that. the best thing we can do to bring middle class america back is have economic growth. we won't have that until we have some kind of political leadership. i'm particularly talking about congress to set tax policies and get us out of this constant deficit. >> that's a very good point, why we brought up the fiscal cliff, quite frankly, you're seeing these little signs of life in the housing market, this fiscal cliff comes from elected officials. >>> don't go away, we will talk about the middle class itself and why your trip to the mall this weekend may be subsidizing your own demise. st plug is into, and your good driving can save you up to 30%. you could even try it without switching your insurance. why not give it a shot? carry on. now you can test-drive snapshot before you switch. visit progressive.com today. and the family car to do an experiment. we put a week of her family's smelly stuff all in at once to prove that febreze car vent clips could eliminate the odor. then we brought he
we live in a global economy. we can't change that. the best thing we can do to bring middle class america back is have economic growth. we won't have that until we have some kind of political leadership. i'm particularly talking about congress to set tax policies and get us out of this constant deficit. >> that's a very good point, why we brought up the fiscal cliff, quite frankly, you're seeing these little signs of life in the housing market, this fiscal cliff comes from elected...
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and why you think it's not working well i don't think they're doing very much to mend the economy i think their policies of made things worse the sad fact is that the british economy has been shrinking slowly almost for a year now rather like a very slowly leaking balloon and the government of been trying in one or two small ways to give it a bit of a stimulus but i think they're quite new initiatives and it's too early to say how much effect they'll have but in general i don't think they will have very much effect and so i don't think at the moment they're doing anything very much to help because there's an awful lot of talk about prioritizing the economy and it's the main thing that we have to work on but then on the same time you say that not very much is being done at all one thing is that they're blaming everyone but themselves first of all it was it was the euro crisis then it was the high high commodity rise in commodity prices and so they claim that the policy of a stereo should bring about the recovery but that it's been derailed by these unfortunate acts shocks but the pol
and why you think it's not working well i don't think they're doing very much to mend the economy i think their policies of made things worse the sad fact is that the british economy has been shrinking slowly almost for a year now rather like a very slowly leaking balloon and the government of been trying in one or two small ways to give it a bit of a stimulus but i think they're quite new initiatives and it's too early to say how much effect they'll have but in general i don't think they will...
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Sep 29, 2012
09/12
by
KTVU
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eye 211
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it seems to me that consumers have become more confident about the future outlook of the economy. >> remember the lines for the new i-phone, many are willing to spend more on phones and. >> what are you going to do, not have a cell phone. >> her cell phone is about $65 more a month than compared to a few years ago. >> once you have a smart phone you never go back. you can take pictures, you can do everything. >> that's a bigger part of household budgets. >> reporter: on the flip side, big ticket items. >> there's been a real pull back in the luxury end of our spending. >> reporter: carol lou. >>> in stay gram keeps getting hotter and hotter, it now has more users than twitter. in stay gram's popularity has skyrocketed. in stay gram was recently purchased by facebook for $741 million. >>> starting this weekend customers can use the app based to ask for rides to and from anywhere until the south bay -- in the south bay. once you download the app you can put in a request for a pickup. it already operates in san francisco. >>> stock markets ended the week on the downside but still posted
it seems to me that consumers have become more confident about the future outlook of the economy. >> remember the lines for the new i-phone, many are willing to spend more on phones and. >> what are you going to do, not have a cell phone. >> her cell phone is about $65 more a month than compared to a few years ago. >> once you have a smart phone you never go back. you can take pictures, you can do everything. >> that's a bigger part of household budgets. >>...
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Sep 30, 2012
09/12
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MSNBC
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and this workhorse gives you the power of a v8 with the highway fuel economy of a v6. incredible! right? an amazing test drive. i agree. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! >>> affordable care. when we talk about the court, everyone is looking and we are staring down the barrel. it seemed to me, look, this is kind of decision day. this is where it happens. are we going to have a decision which the five justices appointed by republicans outvote the four justices by democrats? strictly across partisan lines on this issue, on a very shaky in my lay opinion. it didn't work out that way because of john roberts. this is what you say in your book, "the oath." for roberts personally his vote to uphold the affordable care act an opinion where acts of strategic genius roberts laid down a marker on the scope of the commerce cause and bought space for himself for future rulings. people who don't rem
and this workhorse gives you the power of a v8 with the highway fuel economy of a v6. incredible! right? an amazing test drive. i agree. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! >>> affordable care. when we talk about the court, everyone is looking and we are staring down the barrel. it seemed to...
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Sep 28, 2012
09/12
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CNN
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is their economy growing -- >> i get that. but also, as you know, the whole point of televised debate, there is a measure of how did you look? how did you seem? did you seem presidential? did you seem aggressive? did you seem like the underdog? did you -- did you flub? did you stutter? all those things, too, in addition to the specifics of policy and the actual facts that will be discussed, are also important. right? >> well, soledad, i think it means a lot to people on television. i worked in television for many years, too. certainly that is the chatter that many times people want to bring up to the public. it still comes down to this point of what did someone say, not just how did they look. this isn't election for the prom king. this is an election for president of the united states -- >> right, no, and i would agree with you on that and that's not what i'm saying so i'll stop you there if i can. i agree with you on that. i'm not saying how you look, i guess you would say how you can command and navigate a debate is, might
is their economy growing -- >> i get that. but also, as you know, the whole point of televised debate, there is a measure of how did you look? how did you seem? did you seem presidential? did you seem aggressive? did you seem like the underdog? did you -- did you flub? did you stutter? all those things, too, in addition to the specifics of policy and the actual facts that will be discussed, are also important. right? >> well, soledad, i think it means a lot to people on television....
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and it and it's going up because the economy is going down the economy is what provides the government with its income and if the economy is shrinking the income of the government shrinks of the same type and therefore the deficit rises and something like that has been going on so the policy can't even succeed in its own terms one of your colleagues an economist called james keane has suggested a scheme that he calls quantities if easing for the public saying that the debt that private individuals have needs to be reduced under the scheme he says that cash should be issued to individuals and those with debt would have to use it to pay that debt down and those without it would have a cas injection and it sounds like a great scheme and do you think it would work but well i've suggested this as well in an article in the new statesman last week yeah that's fine i mean if you put money in that into the hands of the people. and make sure they as you say spend it in one way or another. then i think that gives a boost to the economy because they could even increase their spending and therefore
and it and it's going up because the economy is going down the economy is what provides the government with its income and if the economy is shrinking the income of the government shrinks of the same type and therefore the deficit rises and something like that has been going on so the policy can't even succeed in its own terms one of your colleagues an economist called james keane has suggested a scheme that he calls quantities if easing for the public saying that the debt that private...
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Oct 3, 2012
10/12
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CNBC
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the service sector, the bigger part of the economy. this september number we're expecting, basically a lateral move. 53.7 was our last look and we're also coming off of several other data points. adp was better than expected at 162. high ironic, we stripped away last month's revision. we could argue about the fed in qe 3 but initially re-fis have popped and we're waiting for it, the markets are moving a little bit. equities are 55.1. they've had it. they started to rally. much better than expected. much better than our last look and it's the best number going back to march. march when you had a number of 56.0. we've pretty much taken away the down on equities and we've moved the basis point higher on tens to a middle of five-basis point closing range over the last week and that is at 163. melissa lee, back to you. >> thank you very much, rick santelli. slight pop in the equity market. steve? >> really interesting number here. rick said stronger than expected along with the ism manufacturing number. the business activity number, up to a
the service sector, the bigger part of the economy. this september number we're expecting, basically a lateral move. 53.7 was our last look and we're also coming off of several other data points. adp was better than expected at 162. high ironic, we stripped away last month's revision. we could argue about the fed in qe 3 but initially re-fis have popped and we're waiting for it, the markets are moving a little bit. equities are 55.1. they've had it. they started to rally. much better than...
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Sep 28, 2012
09/12
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FBC
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i a negative reading below 50 which means the economy is contracting. first time we have seen that since 2009. we also got a negative reading on consumer confidence from university of michigan. the reading was 78. confidence relatively high but not as high as some were hoping. apple's chief apologizing for the new map application saying he is, quote, extremely sorry and the new software does not live up to the company's standards. apple is down. $8. after the break, is practicing law a moral issue or is it just about making money? mark lanier will defend his business model. i should say profession. next. things have been a little strange. (sfx: sound of piano smashing) roadrunner: meep meep. meep meep? (sfx: loud thud sound) what a strange place. geico®. fifteen minutes could save you fifteen percent or more on car insurance. stuart: first off is mcdonald's. nicole: it was custom neutral. on growth concerns. looking at the noted and the global picture and we will look at the next company but just right off the bat when you look at the analysts' reports
i a negative reading below 50 which means the economy is contracting. first time we have seen that since 2009. we also got a negative reading on consumer confidence from university of michigan. the reading was 78. confidence relatively high but not as high as some were hoping. apple's chief apologizing for the new map application saying he is, quote, extremely sorry and the new software does not live up to the company's standards. apple is down. $8. after the break, is practicing law a moral...
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broadening divergences between the different economies. so we have to put the focus on. you know if you can but if it is a situation of did you feel in your area covers the pulpit of greece. that since we will join you. at the beginning of. your era. in terms of if. it was. not feasible in the future oriented way if a company. and huge. divergence is as far as you can only come but it is a skin cell so we have to focus both. consolidation on the improvement of the competitive situation of the states. kerry. as the press calls and we'll be back in a minute after we take the small banks out stay with us continue. the mission. critique a should be free. for chargers free. range month free. free. to tide free. download free broadcast quality video for your media projects free media and don hearty. good laboratory to mccurry was able to. building a new. mission to teach creation. this is why you should care only. british. market. find out what's really happening to the global economy with. the global financial headlines. and realized. welcome to the big picture. welcome back
broadening divergences between the different economies. so we have to put the focus on. you know if you can but if it is a situation of did you feel in your area covers the pulpit of greece. that since we will join you. at the beginning of. your era. in terms of if. it was. not feasible in the future oriented way if a company. and huge. divergence is as far as you can only come but it is a skin cell so we have to focus both. consolidation on the improvement of the competitive situation of the...
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Sep 30, 2012
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that's deadly for the economy. getting past that, a plan to bring the deficit down gradually, knowing what taxes are going to be over the next decade would be tremendously positive for the u.s. economy. i wish we'd get there sooner rather than later. >> i cannot agree more. it is infuriating. let's talk about residual damage. government defense contractors will have to lay off workers soon if there's no agreement. you know, because they are losing those federal dollars of those federal programs that are going away, we're going to see more unemployment. the defense company will have to notify workers in the next couple of weeks. how important is this? >> well, it is a temporary drag on the economy. i honestly think of all the things that will not happen, starting january 1st, that the chances that we're going to get both rounds of spending cuts agree to last august, including massive defense cuts, i think is pretty slight. i think it will be rectified the next few months. it's terrible we have to put these businesse
that's deadly for the economy. getting past that, a plan to bring the deficit down gradually, knowing what taxes are going to be over the next decade would be tremendously positive for the u.s. economy. i wish we'd get there sooner rather than later. >> i cannot agree more. it is infuriating. let's talk about residual damage. government defense contractors will have to lay off workers soon if there's no agreement. you know, because they are losing those federal dollars of those federal...
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Sep 28, 2012
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-- oracle world brings in 50,000 that -- the show expected to help pump 120 millions into the local economy and will coincide with america's cup racing world series -- a lot of people coming to town for that and what is going on, on the bay they will want nice weather. >>> it seems no matter what you got a breeze on that bay you are never going to let down a sailboater. >> the weekend will have a breeze will challenge them. right now a look at some of the cloud cover, fog creeping across san francisco as we look to the east from mount sutro. live doppler in search of patches of wet weather this morning, live doppler not seeing any of that wet weather because it is not there. fog made of mist hanging in the air not falling. let's talk about temperatures, dress for 40s north, still upper 40s santa rosa napa, latest temperatures around the rest of our neighborhoods 50 antioch at 60, locally dense none ray bay and inland mid 50s here. sunshine about an hour slower today, patchy fog possible again tonight excessive heat this weekend will spread to the coast probably not as economies sieve for yo
-- oracle world brings in 50,000 that -- the show expected to help pump 120 millions into the local economy and will coincide with america's cup racing world series -- a lot of people coming to town for that and what is going on, on the bay they will want nice weather. >>> it seems no matter what you got a breeze on that bay you are never going to let down a sailboater. >> the weekend will have a breeze will challenge them. right now a look at some of the cloud cover, fog...
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Sep 28, 2012
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that would slow the economy. it would reduce job creation and keep us stuck in the low growth, high unemployment environment we're at right now. lori: just for my background sake here in the u.s. we're at about 1% expansion rate. what is the highest level of income taxes you could pay to keep us in a free enterprise capital structure society? >> well, you know, i think it is hard to pick a particular rate because it depend on the tax base and a lot of other things. however, you know, right now we're at 35% and we have no growth. a lot of people point to the clinton years, you know what, we raised taxes and economy grew. go back and look at the in those days. the economy had everything going in its favor. right now the economy has everything going against it. raising taxes now based on lodgic we could raise it back then the two things don't jibe. we're in completely different time frame. lori: so what do you think will happen in france? you've got to predict a mass exodus. what does that mean for places like londo
that would slow the economy. it would reduce job creation and keep us stuck in the low growth, high unemployment environment we're at right now. lori: just for my background sake here in the u.s. we're at about 1% expansion rate. what is the highest level of income taxes you could pay to keep us in a free enterprise capital structure society? >> well, you know, i think it is hard to pick a particular rate because it depend on the tax base and a lot of other things. however, you know,...
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Sep 26, 2012
09/12
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economy, we're watching materials as well today. typically these react most when we have these increase concerns about the problems in the eurozone, the ongoing problems and the lack of progress in actually dealing with those problems. higher expenses at apply there. that stock is likely to be a big mover today. we want to note american greeting signal a.m. receiving an offer to go private from the weis family. again, still no open for the ipo. >> let's shift to the bonds and the dollar. good morning, rick. >> good morning, carl. like an answering machine, there's a loop and the markets have a loop and we're seeing this loop again and we all know what it is. let's look at some one-month charts. it's starting to come down. you can see aggressively the boon chart, over the sea, over the pond. their rates on the ten-year maturity are looking very similar. also moving down. well, what's moving up? let's look at a one-month chart of two-year maturities in spain. you can see what's kicking up. about 25 basis points. you can see what's kic
economy, we're watching materials as well today. typically these react most when we have these increase concerns about the problems in the eurozone, the ongoing problems and the lack of progress in actually dealing with those problems. higher expenses at apply there. that stock is likely to be a big mover today. we want to note american greeting signal a.m. receiving an offer to go private from the weis family. again, still no open for the ipo. >> let's shift to the bonds and the dollar....
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Sep 27, 2012
09/12
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and you don't want the obama economy and our guy knows how to run a business and run an economy and run a state. but we are seeing that the polling is showing us, back to the polling, two-thirds of americans say things really aren't great right now but saying a year ahead, they see things looking better, the housing market, housing numbers starting to show signs of life, three months in a row, housing prices going up, data today that will show maybe some spark, notwithstanding the fiscal cliff happening in the american economy. how does that change your message for the romney campaign? >> listen, i happen to agree with the assement about the polling that goes back to my earlier point. the polls, literally feeding this beast about polling, spending way too much time talking about it the bottom line is this. i read a headline that says obama defends his record. there is no -- i mean if you are defending a record of failure, he's failed on every level. if you hold him to account to his own -- >> people are saying the economy is starting better, they are not losing money or their house
and you don't want the obama economy and our guy knows how to run a business and run an economy and run a state. but we are seeing that the polling is showing us, back to the polling, two-thirds of americans say things really aren't great right now but saying a year ahead, they see things looking better, the housing market, housing numbers starting to show signs of life, three months in a row, housing prices going up, data today that will show maybe some spark, notwithstanding the fiscal cliff...
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Sep 28, 2012
09/12
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and fade the economy. sell materials because those are exposed to the global economy. it makes some sense in theory. but the world doesn't act that way anymore. so look what's happened. the overall market has done very well. i'm sticking with sectors for the month. but this is true for the quarter as well. if you're fading materials, it doesn't make sense. it's been one of the big gainers. energy stocks have been big gainers. so a whole market has been lifted because of the actions of the federal reserve. take a look at the global indices. that hasn't worked that well this month or quarter at all. spain, germany and brazil have outperformed the s&p 500. and even china, while it isn't doing great, i'm not making any claims it is, it's almost on the par with the united states so far this month. my point here, carl, is don't fight ben bernanke. if he came out and said, ladies and gentlemen, me and mr. drogy and i want people to buy stewed prunes, everybody should listen carefully. you may think it's wrong, but i sure would not go out and short stewed prunes on that idea.
and fade the economy. sell materials because those are exposed to the global economy. it makes some sense in theory. but the world doesn't act that way anymore. so look what's happened. the overall market has done very well. i'm sticking with sectors for the month. but this is true for the quarter as well. if you're fading materials, it doesn't make sense. it's been one of the big gainers. energy stocks have been big gainers. so a whole market has been lifted because of the actions of the...
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Sep 27, 2012
09/12
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china's economy grew year after year. members of the olympic committee underscored the emergence when they named beijing host of the summer games. two years later, china passed japan to be the world's second largest economy. a chinese fishing collided with japanese patrol vessels in thes en kaku islands. the collision parked widespread protests and angered many japanese. a recent survey suggests animosities are running high. the poll put anti-chinese sentiment at 84%, a record high. 65% of chinese respondents expressed negative views of japan. >> those figures suggest they will be challenged to mend relations, but an expert said it may not be as difficult size it appears. >> japan and chiba have been close are than before. we have thousands of years of relationships, but now is the best in a sense that economic exchange and people to people exchange and the level of these things higher than ever. don't just focus on the negative aspects of things. there is great resilience in the relationship. >> internal changes in china
china's economy grew year after year. members of the olympic committee underscored the emergence when they named beijing host of the summer games. two years later, china passed japan to be the world's second largest economy. a chinese fishing collided with japanese patrol vessels in thes en kaku islands. the collision parked widespread protests and angered many japanese. a recent survey suggests animosities are running high. the poll put anti-chinese sentiment at 84%, a record high. 65% of...
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find out what's really happening to the global economy with. global financial headlines kaiser reports. see a story. you think you understand it and then. you hear or see some other part of it and realized ever. the thing is i don't know i'm tom hardy welcome to the big picture. welcome back to spotlight i'm al green of in just a reminder that my guest on the show today kerry the prime minister of luxemburg and a person who the press calls new stay here or or or the the year old boss well let's talk a bit about the e.u. russia relations after the summit the e.u. russia summit in june. some know this i've been saying that that the talks between russia and e.u. make little progress there the framework agreement is far from being signed so why can't the parties find common grounds for such a long term what will. you be. table all do it with. i do think that both sides russia and do a preview of you have to have a better understanding of the. existing no future of. this great nation russia. do. we have to improve or performances when it comes to th
find out what's really happening to the global economy with. global financial headlines kaiser reports. see a story. you think you understand it and then. you hear or see some other part of it and realized ever. the thing is i don't know i'm tom hardy welcome to the big picture. welcome back to spotlight i'm al green of in just a reminder that my guest on the show today kerry the prime minister of luxemburg and a person who the press calls new stay here or or or the the year old boss well let's...
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with twenty five percent unemployment there's this huge you know black market economy underground economy that has to get pulled back up as well they've got to be paying taxes so there's got to be you know reformed and whether you want to call it a stereo or not i think someone's got to go through and try and change the system which unfortunately is almost politically impossible right because it's so hard to get the votes to do that so i think we keep this limber lumbering around and you've got the banks at one side demanding their bailouts the people demanding their bailouts and at some point it's all going to give the actually less we are going to get is i can say with you and i think it's really interesting is that you know the people on the ground unemployed people see all the banks bailed out the financial sector bailed out politicians protected i mean i know it's very popular but people say now how about me but bail me out and i know i know that's nonsensical on many ways but i can understand how people feel that way. yeah and again i think that's why at least in spain they've got t
with twenty five percent unemployment there's this huge you know black market economy underground economy that has to get pulled back up as well they've got to be paying taxes so there's got to be you know reformed and whether you want to call it a stereo or not i think someone's got to go through and try and change the system which unfortunately is almost politically impossible right because it's so hard to get the votes to do that so i think we keep this limber lumbering around and you've got...
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then there should be reforms not only economy but also in poverty in a democracy. thank you very much for this interview you're welcome. tucked in between the russian mainland japan and the suckling island is the island of minute on named after french seafarer who discovered it it is described as the pride of the sakhalin region we'll take a look at what's in store for us here. until two thousand and four the island was part of the boarders own and was completely restricted to visit to know this picture place is open to tourists unique plants and animals are its top attraction. to be has been exploring the deaths of the world seas for several decades but it's here at more your own island where he has finally found what he'd been looking for . the water here is very clear the visibility is very good and the underwater world here is extremely rich i've been to many diving locations across the planet including the island of bali on top of my list while some go to the cycling region to enjoy the sights others convert the islands nature's riches into a healthy dollar it
then there should be reforms not only economy but also in poverty in a democracy. thank you very much for this interview you're welcome. tucked in between the russian mainland japan and the suckling island is the island of minute on named after french seafarer who discovered it it is described as the pride of the sakhalin region we'll take a look at what's in store for us here. until two thousand and four the island was part of the boarders own and was completely restricted to visit to know...
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is a fifteen trillion dollar economy so one point six trillion dollars is about ten percent of that ok and so now you're saying that a deficit spending is essentially a tax who does this tax fall most most heavily on in the population even if those evenly on everybody and everyone and that's the problem with that there is no progress it would be to it it is a flat tax for all intents and purposes on every dollar of production because each dollar of credit currency is devalued and so you need more of them and yet your salary and your you know your other income typically doesn't go up so there is some ability to evade this of course the stock market is going up dramatically in the last four years but for the ordinary person who's out there trying to earn a wage it's an entirely different situation because their salary isn't going up at all and yet the cost of things like gasoline and heating oil is going to dramatically i mean so we have much talk right now about various taxes we have both candidates talking about their tax policies we have the fiscal cliff with the possible expiratio
is a fifteen trillion dollar economy so one point six trillion dollars is about ten percent of that ok and so now you're saying that a deficit spending is essentially a tax who does this tax fall most most heavily on in the population even if those evenly on everybody and everyone and that's the problem with that there is no progress it would be to it it is a flat tax for all intents and purposes on every dollar of production because each dollar of credit currency is devalued and so you need...
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Sep 27, 2012
09/12
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we could grow the economy. that's what governor romney is going to try to do and i think eventually that will be reflected in the polls. >> when i look at my own state, our governor quinn has let a few slips, call them freudian slips almost hinting that should illinois get in big trouble, probably the federal government will find a way to help. this is nothing that i want to hear even talked about indirectly. do you think this will be an issue at some point? >> it could be. and let me be very clear. in nebraska and all across america, i just chaired the national governor's association this past year. americans do not want the federal government to bail out states that have failed, that have failed to adopt a balanced budget, that they continue to raise taxes. that's not what we want as americans. we want states to control their spending, create more jobs. so i certainly don't think the federal government ought to bail out a state like illinois or california if they can't do it themselves. >> governor, it's been
we could grow the economy. that's what governor romney is going to try to do and i think eventually that will be reflected in the polls. >> when i look at my own state, our governor quinn has let a few slips, call them freudian slips almost hinting that should illinois get in big trouble, probably the federal government will find a way to help. this is nothing that i want to hear even talked about indirectly. do you think this will be an issue at some point? >> it could be. and let...
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economy already fallen into another recession. with more on this, american enterprise institute scholar and former u.s. treasury consultants. welcome to the show. great to have you here. ben bernanke speaking today -- >> very good to be here. >> thank you. gerri: the federal reserve chairman speaking today and said we are not in a recession. it is not likely we will be in recession. very optimistic. very beat. are you? >> no. i think we are probably losing momentum if we are not in a recession we are close to. the big problem is at the end of the year if we have not done something about the fiscal cliff we are going to be in recession very definitely. the rest of the world is slowing down as well. so certainlthe momentum is not good. whether the growth nber for the fourth quarter is a half a percent or three-quartersof% or zero it will feel pretty much the same. we will be close enough to recession to put some real pressure on the lame-duck congress to do something about that fiscal clef. gerri: motors recent in a poll, 60 percent
economy already fallen into another recession. with more on this, american enterprise institute scholar and former u.s. treasury consultants. welcome to the show. great to have you here. ben bernanke speaking today -- >> very good to be here. >> thank you. gerri: the federal reserve chairman speaking today and said we are not in a recession. it is not likely we will be in recession. very optimistic. very beat. are you? >> no. i think we are probably losing momentum if we are...
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spain is massively also linked to the british economy through banking and as well as to the smaller and already baled that portugal so you're talking about huge an unpredictable ripple of the acts of such developments across the euro zone and across the world across the global economy right now the mood is let's keep everyone and let's keep trying of course this comes at a cost and i don't see many people jumping up and down to grab that bill but the true euro zone style i think they will try to muddle through for a bit longer. i was machinist as a journalist for dow jones newswires. all right let's wrap up with loose change dimitri lauren lyster are you a football fan no i don't like football i'm not really i don't like football murder for born yeah i'm not really there so that's why i didn't really know that this was the biggest deal in the world but judging by the chatter in our news room it sure is and by now you've probably heard about the botched play call by n.f.l. refs during the green bay seattle game well that bad call apparently cost three hundred million dollars for vega
spain is massively also linked to the british economy through banking and as well as to the smaller and already baled that portugal so you're talking about huge an unpredictable ripple of the acts of such developments across the euro zone and across the world across the global economy right now the mood is let's keep everyone and let's keep trying of course this comes at a cost and i don't see many people jumping up and down to grab that bill but the true euro zone style i think they will try...
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you shouldn't be investing in the real economy because there's not going to be demand in the future so we need to have an economy which is reorganized towards the goal of real investment in production and governments can take the lead in that process both directly through spending but also in terms of tax policy and the signals at their son to the private sector in terms of investment you're critical office tower it's a naturist introduced in latvia but still christine lagarde has recently said let's be easy inspiration for european leaders grappling with the euro crisis how do you respond to that well christine legarde and the i.m.f. generally and the pundits who have been supporting austerity as the proper solution for what ails the world's economies have been desperately seeking a success story and they think they have finally found one in latvia so we have all of these failures and there are some aspects of the latvian austerity story that one could read as a success we do have a return to economic growth after seeing this really huge collapse which occurred in two thousand and eig
you shouldn't be investing in the real economy because there's not going to be demand in the future so we need to have an economy which is reorganized towards the goal of real investment in production and governments can take the lead in that process both directly through spending but also in terms of tax policy and the signals at their son to the private sector in terms of investment you're critical office tower it's a naturist introduced in latvia but still christine lagarde has recently said...
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Oct 3, 2012
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economy. at the same time, he is said to be negotiating individually with the pe firms on the details of how his roughly 20% stake in the company would contribute and what role he might be playing after a buyout. and oracle ceo larry ellison says the company won't be making any major acquisitions during the next couple years. in an interview on "closing bell" yesterday, ellison said he is instead focused on growing organically. he also discussed the dividend. >> that's the decision of the oracle board of directors. i believe we'll gradually increase the dividend as opposed to dublg it or tripling it all at once. nothing dramatic. >> shares of oracle during the last year, take a look at it. 31.65. he's gotten close to the top there, joe. >> all right, andrew. thank you. >>> my stories don't deserve that music? okay. thank you. you know what? i'm so nervous now and unsettled, i don't know what's coming. >> we've been working on new music, trying to find new things -- >> those drums, though. i'm
economy. at the same time, he is said to be negotiating individually with the pe firms on the details of how his roughly 20% stake in the company would contribute and what role he might be playing after a buyout. and oracle ceo larry ellison says the company won't be making any major acquisitions during the next couple years. in an interview on "closing bell" yesterday, ellison said he is instead focused on growing organically. he also discussed the dividend. >> that's the...
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Sep 28, 2012
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? with a vial and syringe. me, explaining what i was doing at breakfast. and me discovering novolog mix 70/30 flexpen. flexpen is pre-filled with your pre-mix insulin. dial the exact dose. inject by pushing a button. no vials, syringes or coolers to carry. flexpen is insulin delivery my way. novolog mix 70/30 is an insulin used to control high blood sugar in adults with diabetes. do not inject if you do not
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers....
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Oct 4, 2012
10/12
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the economy is expected to shrink by 3.3% and unemployment is at 15.9%. trading in frankfurt was quiet as a result of the public holiday. our correspondence sent us this report from the frankfurt stock exchange. >> the traders, like traders anywhere, are always looking for direction, always looking for something to point them in the right direction but they did not find it this day. there was mixed news from the eurozone, greece still in trouble and portugal with much -- a much better situation, testing its viability in the financial market. the dax going up and down as a result. factoring in economic news from the united states, which was also mixed. some good, some bacteria and waiting for spain to make a decision on whether it would take help from the european bailout fund. it hopes to get an explanation, perhaps, from mario draghi, the president of the ecb after the central bank will have met. >> let's take a closer look at some of the market members. teh dax close the day almost a quarter percent up. the euro stoxx 50 close to just a tad down at 2492
the economy is expected to shrink by 3.3% and unemployment is at 15.9%. trading in frankfurt was quiet as a result of the public holiday. our correspondence sent us this report from the frankfurt stock exchange. >> the traders, like traders anywhere, are always looking for direction, always looking for something to point them in the right direction but they did not find it this day. there was mixed news from the eurozone, greece still in trouble and portugal with much -- a much better...